Every time a South African requests for a loan, they must meet specific criteria. Any lender will want to make sure the borrower will repay the loan and correctly pay for the service before proceeding. Most lending institutions need payslips and bank records in order to verify the applicant’s monthly income in this manner. After … Read more
Someone who lends small sums of money at a higher interest rate is called a moneylender. Because the money lender runs a bigger risk of default than typical banks due to a variety of factors, higher rates of interest are charged. People who are in dire need of money but do not have a bank … Read more
When someone permits another person to borrow something, this is known as lending (sometimes known as “financing”). The lender lends the borrower cash, real estate, or any other asset with the understanding that the borrower gets to either return the asset or pay back the lender. Basically, the lender creates a loan, and the borrower … Read more
In Nigeria, money-saving applications might make saving easier and more enjoyable. It is nearly hard to consider saving money while the cost of living in Nigeria is rising. However, with the aid of saving apps I firmly believe that the entire saving habit has been made much simpler which is why i sketch out the … Read more